Industry: Machinery & Equipment
Published Date: 2024-01-06
Pages: 141 Pages
Report ld: 2165439
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Multimeters Market Size(US$)

CAGR 2024-2030
2.8%
Market Size,2030
USD 1,291.7
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
A multimeter or a multitester, also known as a VOM (volt-ohm-milliammeter), is an electronic measuring instrument that combines several measurement functions in one unit. A typical multimeter can measure voltage, current, and resistance. Analog multimeters use a microammeter with a moving pointer to display readings. Digital multimeters (DMM, DVOM) have a numeric display, and may also show a graphical bar representing the measured value. Digital multimeters are now far more common due to their cost and precision. It is a standard diagnostic tool for technicians in the electrical/electronic industries.
The global market for Multimeters was estimated to be worth US$ 1062.2 million in 2023 and is forecast to a readjusted size of US$ 1291.7 million by 2030 with a CAGR of 2.8% during the forecast period 2024-2030
Currently, there are plenty of producing companies in the world. The Global market main players are Fluke Corporation, Keysight, FLIR, Rohde & Schwarz, Victor, UNI-T, HIOKI, Chauvin Arnoux Group, Klein Tools, B&K Precision Corporation, CEM, Gossen Metrawatt, Prokits Industries Co., LTD, Mastech Group, GW Instek, Sata, Triplett, Leierda, Metrel d.d. and so on.
In the production market, the Largest production region is China, with the production market share is 54% and the revenue market share is 30%.
China is the largest consumption country of Multimeters, with a sales market share nearly 35%.The second region is North America, following China with the sales market share of 20%.
Multimeters used in Industrial Manufacturing, Commercial and Public Utilities. Report data showed that 60% of the Multimeters market demand in Industrial Manufacturing.
There are main three kinds of Multimeters, which are Handheld Type, Bench-top Type and others. Handheld Type is important in the Multimeters, with a Production market share nearly 79%.
MARKET SEGMENTATION
REPORT SCOPE
This report aims to provide a comprehensive presentation of the global market for Multimeters, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Multimeters by region & country, by Type, and by Application.
The Multimeters market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Multimeters.
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Multimeters manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Multimeters in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Multimeters in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 Multimeters Product Introduction
1.2 Global Multimeters Market Size Forecast
1.2.1 Global Multimeters Sales Value (2019-2030)
1.2.2 Global Multimeters Sales Volume (2019-2030)
1.2.3 Global Multimeters Sales Price (2019-2030)
1.3 Multimeters Market Trends & Drivers
1.3.1 Multimeters Industry Trends
1.3.2 Multimeters Market Drivers & Opportunity
1.3.3 Multimeters Market Challenges
1.3.4 Multimeters Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Multimeters Players Revenue Ranking (2023)
2.2 Global Multimeters Revenue by Company (2019-2024)
2.3 Global Multimeters Players Sales Volume Ranking (2023)
2.4 Global Multimeters Sales Volume by Company Players (2019-2024)
2.5 Global Multimeters Average Price by Company (2019-2024)
2.6 Key Manufacturers Multimeters Manufacturing Base Distribution and Headquarters
2.7 Key Manufacturers Multimeters Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Multimeters
2.9 Multimeters Market Competitive Analysis
2.9.1 Multimeters Market Concentration Rate (2019-2024)
2.9.2 Global 5 and 10 Largest Manufacturers by Multimeters Revenue in 2023
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Multimeters as of 2023)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Handheld Type
3.1.2 Bench-Top Type
3.1.3 Others
3.2 Global Multimeters Sales Value by Type
3.2.1 Global Multimeters Sales Value by Type (2019 VS 2023 VS 2030)
3.2.2 Global Multimeters Sales Value, by Type (2019-2030)
3.2.3 Global Multimeters Sales Value, by Type (%) (2019-2030)
3.3 Global Multimeters Sales Volume by Type
3.3.1 Global Multimeters Sales Volume by Type (2019 VS 2023 VS 2030)
3.3.2 Global Multimeters Sales Volume, by Type (2019-2030)
3.3.3 Global Multimeters Sales Volume, by Type (%) (2019-2030)
3.4 Global Multimeters Average Price by Type (2019-2030)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Industrial Manufacturing
4.1.2 Commercial
4.1.3 Public Utilities
4.2 Global Multimeters Sales Value by Application
4.2.1 Global Multimeters Sales Value by Application (2019 VS 2023 VS 2030)
4.2.2 Global Multimeters Sales Value, by Application (2019-2030)
4.2.3 Global Multimeters Sales Value, by Application (%) (2019-2030)
4.3 Global Multimeters Sales Volume by Application
4.3.1 Global Multimeters Sales Volume by Application (2019 VS 2023 VS 2030)
4.3.2 Global Multimeters Sales Volume, by Application (2019-2030)
4.3.3 Global Multimeters Sales Volume, by Application (%) (2019-2030)
4.4 Global Multimeters Average Price by Application (2019-2030)
5 Segmentation by Region
5.1 Global Multimeters Sales Value by Region
5.1.1 Global Multimeters Sales Value by Region: 2019 VS 2023 VS 2030
5.1.2 Global Multimeters Sales Value by Region (2019-2024)
5.1.3 Global Multimeters Sales Value by Region (2025-2030)
5.1.4 Global Multimeters Sales Value by Region (%), (2019-2030)
5.2 Global Multimeters Sales Volume by Region
5.2.1 Global Multimeters Sales Volume by Region: 2019 VS 2023 VS 2030
5.2.2 Global Multimeters Sales Volume by Region (2019-2024)
5.2.3 Global Multimeters Sales Volume by Region (2025-2030)
5.2.4 Global Multimeters Sales Volume by Region (%), (2019-2030)
5.3 Global Multimeters Average Price by Region (2019-2030)
5.4 North America
5.4.1 North America Multimeters Sales Value, 2019-2030
5.4.2 North America Multimeters Sales Value by Country (%), 2023 VS 2030
5.5 Europe
5.5.1 Europe Multimeters Sales Value, 2019-2030
5.5.2 Europe Multimeters Sales Value by Country (%), 2023 VS 2030
5.6 Asia Pacific
5.6.1 Asia Pacific Multimeters Sales Value, 2019-2030
5.6.2 Asia Pacific Multimeters Sales Value by Country (%), 2023 VS 2030
5.7 South America
5.7.1 South America Multimeters Sales Value, 2019-2030
5.7.2 South America Multimeters Sales Value by Country (%), 2023 VS 2030
5.8 Middle East & Africa
5.8.1 Middle East & Africa Multimeters Sales Value, 2019-2030
5.8.2 Middle East & Africa Multimeters Sales Value by Country (%), 2023 VS 2030
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions Multimeters Sales Value Growth Trends, 2019 VS 2023 VS 2030
6.2 Key Countries/Regions Multimeters Sales Value
6.2.1 Key Countries/Regions Multimeters Sales Value, 2019-2030
6.2.2 Key Countries/Regions Multimeters Sales Volume, 2019-2030
6.3 United States
6.3.1 United States Multimeters Sales Value, 2019-2030
6.3.2 United States Multimeters Sales Value by Type (%), 2023 VS 2030
6.3.3 United States Multimeters Sales Value by Application, 2023 VS 2030
6.4 Europe
6.4.1 Europe Multimeters Sales Value, 2019-2030
6.4.2 Europe Multimeters Sales Value by Type (%), 2023 VS 2030
6.4.3 Europe Multimeters Sales Value by Application, 2023 VS 2030
6.5 China
6.5.1 China Multimeters Sales Value, 2019-2030
6.5.2 China Multimeters Sales Value by Type (%), 2023 VS 2030
6.5.3 China Multimeters Sales Value by Application, 2023 VS 2030
6.6 Japan
6.6.1 Japan Multimeters Sales Value, 2019-2030
6.6.2 Japan Multimeters Sales Value by Type (%), 2023 VS 2030
6.6.3 Japan Multimeters Sales Value by Application, 2023 VS 2030
6.7 South Korea
6.7.1 South Korea Multimeters Sales Value, 2019-2030
6.7.2 South Korea Multimeters Sales Value by Type (%), 2023 VS 2030
6.7.3 South Korea Multimeters Sales Value by Application, 2023 VS 2030
6.8 Southeast Asia
6.8.1 Southeast Asia Multimeters Sales Value, 2019-2030
6.8.2 Southeast Asia Multimeters Sales Value by Type (%), 2023 VS 2030
6.8.3 Southeast Asia Multimeters Sales Value by Application, 2023 VS 2030
6.9 India
6.9.1 India Multimeters Sales Value, 2019-2030
6.9.2 India Multimeters Sales Value by Type (%), 2023 VS 2030
6.9.3 India Multimeters Sales Value by Application, 2023 VS 2030
7 Company Profiles
7.1 Fluke Corporation
7.1.1 Fluke Corporation Company Information
7.1.2 Fluke Corporation Introduction and Business Overview
7.1.3 Fluke Corporation Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.1.4 Fluke Corporation Multimeters Product Offerings
7.1.5 Fluke Corporation Recent Development
7.2 Keysight
7.2.1 Keysight Company Information
7.2.2 Keysight Introduction and Business Overview
7.2.3 Keysight Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.2.4 Keysight Multimeters Product Offerings
7.2.5 Keysight Recent Development
7.3 FLIR
7.3.1 FLIR Company Information
7.3.2 FLIR Introduction and Business Overview
7.3.3 FLIR Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.3.4 FLIR Multimeters Product Offerings
7.3.5 FLIR Recent Development
7.4 Rohde & Schwarz
7.4.1 Rohde & Schwarz Company Information
7.4.2 Rohde & Schwarz Introduction and Business Overview
7.4.3 Rohde & Schwarz Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.4.4 Rohde & Schwarz Multimeters Product Offerings
7.4.5 Rohde & Schwarz Recent Development
7.5 Victor
7.5.1 Victor Company Information
7.5.2 Victor Introduction and Business Overview
7.5.3 Victor Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.5.4 Victor Multimeters Product Offerings
7.5.5 Victor Recent Development
7.6 UNI-T
7.6.1 UNI-T Company Information
7.6.2 UNI-T Introduction and Business Overview
7.6.3 UNI-T Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.6.4 UNI-T Multimeters Product Offerings
7.6.5 UNI-T Recent Development
7.7 HIOKI
7.7.1 HIOKI Company Information
7.7.2 HIOKI Introduction and Business Overview
7.7.3 HIOKI Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.7.4 HIOKI Multimeters Product Offerings
7.7.5 HIOKI Recent Development
7.8 Chauvin Arnoux Group
7.8.1 Chauvin Arnoux Group Company Information
7.8.2 Chauvin Arnoux Group Introduction and Business Overview
7.8.3 Chauvin Arnoux Group Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.8.4 Chauvin Arnoux Group Multimeters Product Offerings
7.8.5 Chauvin Arnoux Group Recent Development
7.9 Klein Tools
7.9.1 Klein Tools Company Information
7.9.2 Klein Tools Introduction and Business Overview
7.9.3 Klein Tools Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.9.4 Klein Tools Multimeters Product Offerings
7.9.5 Klein Tools Recent Development
7.10 B&K Precision Corporation
7.10.1 B&K Precision Corporation Company Information
7.10.2 B&K Precision Corporation Introduction and Business Overview
7.10.3 B&K Precision Corporation Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.10.4 B&K Precision Corporation Multimeters Product Offerings
7.10.5 B&K Precision Corporation Recent Development
7.11 CEM
7.11.1 CEM Company Information
7.11.2 CEM Introduction and Business Overview
7.11.3 CEM Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.11.4 CEM Multimeters Product Offerings
7.11.5 CEM Recent Development
7.12 Gossen Metrawatt
7.12.1 Gossen Metrawatt Company Information
7.12.2 Gossen Metrawatt Introduction and Business Overview
7.12.3 Gossen Metrawatt Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.12.4 Gossen Metrawatt Multimeters Product Offerings
7.12.5 Gossen Metrawatt Recent Development
7.13 Prokits Industries Co., LTD
7.13.1 Prokits Industries Co., LTD Company Information
7.13.2 Prokits Industries Co., LTD Introduction and Business Overview
7.13.3 Prokits Industries Co., LTD Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.13.4 Prokits Industries Co., LTD Multimeters Product Offerings
7.13.5 Prokits Industries Co., LTD Recent Development
7.14 Mastech Group
7.14.1 Mastech Group Company Information
7.14.2 Mastech Group Introduction and Business Overview
7.14.3 Mastech Group Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.14.4 Mastech Group Multimeters Product Offerings
7.14.5 Mastech Group Recent Development
7.15 GW Instek
7.15.1 GW Instek Company Information
7.15.2 GW Instek Introduction and Business Overview
7.15.3 GW Instek Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.15.4 GW Instek Multimeters Product Offerings
7.15.5 GW Instek Recent Development
7.16 Sata
7.16.1 Sata Company Information
7.16.2 Sata Introduction and Business Overview
7.16.3 Sata Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.16.4 Sata Multimeters Product Offerings
7.16.5 Sata Recent Development
7.17 Triplett
7.17.1 Triplett Company Information
7.17.2 Triplett Introduction and Business Overview
7.17.3 Triplett Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.17.4 Triplett Multimeters Product Offerings
7.17.5 Triplett Recent Development
7.18 Leierda
7.18.1 Leierda Company Information
7.18.2 Leierda Introduction and Business Overview
7.18.3 Leierda Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.18.4 Leierda Multimeters Product Offerings
7.18.5 Leierda Recent Development
7.19 Metrel d.d.
7.19.1 Metrel d.d. Company Information
7.19.2 Metrel d.d. Introduction and Business Overview
7.19.3 Metrel d.d. Multimeters Sales, Revenue and Gross Margin (2019-2024)
7.19.4 Metrel d.d. Multimeters Product Offerings
7.19.5 Metrel d.d. Recent Development
8 Industry Chain Analysis
8.1 Multimeters Industrial Chain
8.2 Multimeters Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 Multimeters Sales Model
8.5.2 Sales Channel
8.5.3 Multimeters Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.2 Data Source
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
REPORT SCOPE
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
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